425 North 11th Avenue
Upland, CA 91786
For Sale
9,425 sqft
Sale Price
$3,300,000
Brochure
Property Website
Map
Multifamily For Sale
13 Units in Prime Upland | 5.28% Cap Rate | 31% Rental Upside
Upside & Unit Mix: A 13-unit asset featuring 8 (1B/1B) and 5 (2B/1B) units. Offers strong immediate cash flow with a massive 31% rental upside.
Yield & Growth: Competitively priced at $253,846 per unit with a 5.28% current CAP rate and a clear path to a 7.60% Pro Forma CAP.
Garden Community: Professionally managed with lush landscaping, on-site laundry, and a mix of covered and surface parking for a serene living environment.
Modernized Interiors: Features functional layouts with recent upgrades including laminate wood flooring, modern lighting, and kitchens with full oven ranges.
Employment Drivers: Minutes from San Antonio Regional Hospital and the Claremont Colleges, ensuring a consistent tenant base and economic stability.
Prime Location: Ideally located in Upland’s “City of Gracious Living,” just off Arrow Highway near historic downtown and the regional Metrolink Station.
Regional Connectivity: Strategic access to the I-10 and I-210 freeways, seamlessly connecting tenants to Los Angeles, Riverside, and San Bernardino.
Get in touch
Eric Chen
Lic: 01489184
Kevin Sin
Lic: 02020968
Blake Torgerson
Lic: 01919955
CBRE is pleased to present the exclusive opportunity to acquire Subject Property, a premier 13-unit garden-style multifamily investment located in the high-demand core of Upland, California.
Offering a massive 31% rental upside, this well-maintained asset at 425 N 11th Avenue provides investors a rare combination of immediate cash flow and substantial long-term appreciation. Currently performing at a 5.28% CAP rate, the property offers a clear path to a 7.60% Pro Forma CAP rate upon stabilization. It is perfectly positioned within one of the Inland Empire’s most desirable and supply-constrained submarkets, known for its historic charm and strong residential roots.
Strategic Location & Connectivity
Known as the “City of Gracious Living,” Upland blends a quaint, small-town atmosphere with modern suburban convenience. Residents of 425 N 11th Avenue benefit from a sophisticated regional transportation network, enjoying seamless access to the I-10 and I-210 freeways, with the SR-57 and I-15 just minutes away. This central positioning serves as a vital commuter hub, connecting the workforce to major employment centers across San Bernardino, Los Angeles, Riverside, and Orange Counties, while the nearby Upland Metrolink Station provides effortless rail access.
The property is located just minutes from the vibrant Claremont Village and Upland’s historic downtown, featuring boutique dining, local cafes, and the cultural heart of the region. Furthermore, the asset is situated just minutes from the world-renowned San Antonio Regional Hospital, a premier 363-bed facility and major regional employer that serves as the area’s primary trauma center. Beyond local attractions, residents are a short drive from world-class retail destinations, including the Montclair Mall and Victoria Gardens, while the nearby Pacific Electric Bike Trail offers miles of outdoor recreation, ensuring a comprehensive “live-work-play” environment.
Exceptional Property & Unit Features
425 N 11th Avenue is defined by classic 1950s architecture and a professional blend of lush, mature landscaping that creates a serene residential atmosphere. Residents benefit from a functional amenity package that includes an on-site laundry facility and a mix of covered and surface parking, all within a well-manicured complex. The modernized interiors feature spacious layouts designed for contemporary living, highlighted by kitchens with updated fixtures and oven ranges and range hoods. These quality finishes are further enhanced by a combination of durable laminate wood plank flooring and carpeting, updated lighting, ceiling fans, and vertical blinds. Each residence ensures year-round comfort with dedicated wall-mounted A/C and heating units, while a premium front unit offers a private entrance, attached garage, and a walk-in closet for a truly residential feel.
Investment Stability & Opportunity
This stable, well-maintained asset provides immediate income security and remains a highly attractive destination for residents seeking quality housing in a premier submarket. The property’s proven performance and strategic location make it an ideal acquisition for a wide range of investors. Whether tailored for a first-time purchaser looking for a value-add project, a seasoned investor expanding a regional footprint, or a 1031 exchange buyer requiring a reliable, low-vacancy asset with significant upside, this offering provides long-term stability and an exceptional foothold in the thriving Inland Empire economy.
Offering a massive 31% rental upside, this well-maintained asset at 425 N 11th Avenue provides investors a rare combination of immediate cash flow and substantial long-term appreciation. Currently performing at a 5.28% CAP rate, the property offers a clear path to a 7.60% Pro Forma CAP rate upon stabilization. It is perfectly positioned within one of the Inland Empire’s most desirable and supply-constrained submarkets, known for its historic charm and strong residential roots.
Strategic Location & Connectivity
Known as the “City of Gracious Living,” Upland blends a quaint, small-town atmosphere with modern suburban convenience. Residents of 425 N 11th Avenue benefit from a sophisticated regional transportation network, enjoying seamless access to the I-10 and I-210 freeways, with the SR-57 and I-15 just minutes away. This central positioning serves as a vital commuter hub, connecting the workforce to major employment centers across San Bernardino, Los Angeles, Riverside, and Orange Counties, while the nearby Upland Metrolink Station provides effortless rail access.
The property is located just minutes from the vibrant Claremont Village and Upland’s historic downtown, featuring boutique dining, local cafes, and the cultural heart of the region. Furthermore, the asset is situated just minutes from the world-renowned San Antonio Regional Hospital, a premier 363-bed facility and major regional employer that serves as the area’s primary trauma center. Beyond local attractions, residents are a short drive from world-class retail destinations, including the Montclair Mall and Victoria Gardens, while the nearby Pacific Electric Bike Trail offers miles of outdoor recreation, ensuring a comprehensive “live-work-play” environment.
Exceptional Property & Unit Features
425 N 11th Avenue is defined by classic 1950s architecture and a professional blend of lush, mature landscaping that creates a serene residential atmosphere. Residents benefit from a functional amenity package that includes an on-site laundry facility and a mix of covered and surface parking, all within a well-manicured complex. The modernized interiors feature spacious layouts designed for contemporary living, highlighted by kitchens with updated fixtures and oven ranges and range hoods. These quality finishes are further enhanced by a combination of durable laminate wood plank flooring and carpeting, updated lighting, ceiling fans, and vertical blinds. Each residence ensures year-round comfort with dedicated wall-mounted A/C and heating units, while a premium front unit offers a private entrance, attached garage, and a walk-in closet for a truly residential feel.
Investment Stability & Opportunity
This stable, well-maintained asset provides immediate income security and remains a highly attractive destination for residents seeking quality housing in a premier submarket. The property’s proven performance and strategic location make it an ideal acquisition for a wide range of investors. Whether tailored for a first-time purchaser looking for a value-add project, a seasoned investor expanding a regional footprint, or a 1031 exchange buyer requiring a reliable, low-vacancy asset with significant upside, this offering provides long-term stability and an exceptional foothold in the thriving Inland Empire economy.
Covering 20,105 square miles, San Bernardino County is America’s largest county and a diverse public service organization governed by an elected Board of Supervisors and serving a community of nearly 2.2 million residents. San Bernardino County is comprised of more than 40 departments and agencies staffed by more than 25,000 public service professionals providing a wide range of vital services in areas that include public safety, health and human services, economic development, housing, recreation, and culture. San Bernardino County offers a variety of job opportunities in fields such as healthcare, public safety, and technology. Given San Bernardino County’s location and relative housing affordability in Southern California, it has become a substantial supplier of housing and construction-related jobs, which are a key employment sectors for the region.
Upland, CA, located in the southern region of San Bernardino County, California, is a vibrant city nestled at the base of the majestic San Gabriel Mountains offering breathtaking scenery and opportunities for outdoor activities, just 35 miles east of Los Angeles. With a population of approximately 77,000 residents, Upland boasts a diverse demographic makeup, representing various ethnicities and age groups. Over the years, the city has seen sustained economic growth, particularly in the retail, healthcare, and education sectors. One of the key advantages of Upland is its central location in Southern California, making it an attractive destination for both residents and visitors. Positioned between major metropolitan areas like Los Angeles and San Bernardino, the city enjoys easy accessibility to essential transportation routes, including the 10 and 210 freeways. This strategic location enables seamless connections to neighboring cities and a plethora of attractions. The city is home to several shopping centers, hospitals, and schools, contributing to its overall economic growth and stability. Upland, CA offers a variety of shopping and entertainment options for residents and visitors alike. Beyond its convenient location, Upland offers an array of amenities and entertainment options. Upland is also in close proximity to renowned destinations such as Disneyland and Universal Studios, allowing for memorable day trips and family outings.
The Inland Empire, which includes Riverside and San Bernardino Counties, has a network of innovation centers that drive investment and job growth. San Bernardino County is committed to a thriving city possessing a sustainable system of high-quality education, community health, public safety, housing, retail, recreation, arts and culture and infrastructure. San Bernardino County envisions a world class region which capitalizes on its location, the diversity of its people and its economy to create a broad range of choices for its residents in how they live, work, and play. In addition, it strives for a continual vibrant economy with a skilled workforce that attracts employers who seek the unique opportunities the region has to offer and provide jobs that create area-wide prosperity.
Upland, CA, is home to a robust healthcare infrastructure designed to meet the diverse medical needs of the region. At the forefront of this exceptional landscape is the renowned San Antonio Regional Hospital, a leading 363-bed facility widely recognized for its commitment to clinical excellence. As one of the area’s primary trauma centers, the hospital provides critical emergency services along with comprehensive care in advanced surgery and specialized treatments for oncology, cardiology, and orthopedics. Supplemented by a multitude of local clinics and private practices, Upland offers residents world-class medical security within minutes of their front door.
Upland, CA, located in the southern region of San Bernardino County, California, is a vibrant city nestled at the base of the majestic San Gabriel Mountains offering breathtaking scenery and opportunities for outdoor activities, just 35 miles east of Los Angeles. With a population of approximately 77,000 residents, Upland boasts a diverse demographic makeup, representing various ethnicities and age groups. Over the years, the city has seen sustained economic growth, particularly in the retail, healthcare, and education sectors. One of the key advantages of Upland is its central location in Southern California, making it an attractive destination for both residents and visitors. Positioned between major metropolitan areas like Los Angeles and San Bernardino, the city enjoys easy accessibility to essential transportation routes, including the 10 and 210 freeways. This strategic location enables seamless connections to neighboring cities and a plethora of attractions. The city is home to several shopping centers, hospitals, and schools, contributing to its overall economic growth and stability. Upland, CA offers a variety of shopping and entertainment options for residents and visitors alike. Beyond its convenient location, Upland offers an array of amenities and entertainment options. Upland is also in close proximity to renowned destinations such as Disneyland and Universal Studios, allowing for memorable day trips and family outings.
The Inland Empire, which includes Riverside and San Bernardino Counties, has a network of innovation centers that drive investment and job growth. San Bernardino County is committed to a thriving city possessing a sustainable system of high-quality education, community health, public safety, housing, retail, recreation, arts and culture and infrastructure. San Bernardino County envisions a world class region which capitalizes on its location, the diversity of its people and its economy to create a broad range of choices for its residents in how they live, work, and play. In addition, it strives for a continual vibrant economy with a skilled workforce that attracts employers who seek the unique opportunities the region has to offer and provide jobs that create area-wide prosperity.
Upland, CA, is home to a robust healthcare infrastructure designed to meet the diverse medical needs of the region. At the forefront of this exceptional landscape is the renowned San Antonio Regional Hospital, a leading 363-bed facility widely recognized for its commitment to clinical excellence. As one of the area’s primary trauma centers, the hospital provides critical emergency services along with comprehensive care in advanced surgery and specialized treatments for oncology, cardiology, and orthopedics. Supplemented by a multitude of local clinics and private practices, Upland offers residents world-class medical security within minutes of their front door.
Total Space Available
9,425 sqft
Sale Price
$3,300,000
Get in touch
Eric Chen
Lic: 01489184
Kevin Sin
Lic: 02020968
Blake Torgerson
Lic: 01919955